Tesco chief Sir Terry Leahy banks £5.2 million

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Sir Terry Leahy will receive £5.2 million in salary, bonus and sharesRichard Pohle for The Times

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A record £105 million in bonuses will also be divided among more than 216,000 Tesco staffRichard Pohle for The Times

Catherine Boyle

Last updated at 9:56AM, June 2 2010

The Tesco chief executive Sir Terry Leahy will receive £5.2 million in salary,
bonus and shares for helping the chain to annual profits of £3.4 billion.

A record £105 million in bonuses will also be divided among more than 216,000
staff, according to the supermarket’s annual report.

Employees, including check-out staff and managers, who have worked with Tesco
for at least a year will receive the equivalent of 3.6 per cent of their
salary in shares, which could be worth up to £3,000. Staff will be able to
sell the shares tax-free in five years’ time.